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Chile, the world's largest copper producer, raised its price forecasts for the metal this year and next. The government's commission, Cochilco, attributed this to easing world trade tensions and supply disruptions, which signal a market shift to a state of deficit.

Analysts at Standard Chartered have set their year-end 2025 target for Solana at $275, which suggests a gain of over 50% from the current levels. The forecast is based on an analysis of the long-term prospects of the blockchain network.

On Tuesday, the pound edged lower against the dollar. Nevertheless, the British currency held near the three-year high it reached on Monday, as relatively upbeat economic data lifted market sentiment, Reuters reports.

According to Bloomberg, Glencore is buying Russian copper on the London Metal Exchange (LME) with the intention of delivering it to China. This indicates a drop in the metal's reserves in the world's largest consumer.

The Cardano blockchain platform announced the release of Node v.10.4.1 update, which features a ready-to-use version of UTXO-HD (Unspent Transaction Output – High Density). As noted by ETHNews, the ADA token is showing positive dynamics and may rise above $0.82.

April inflation in Australia came slightly higher than analysts’ forecasts. The Australian Bureau of Statistics reports that the consumer price index remained at 2.4%, with economists having expected it to fall to 2.3%.

Dogecoin has demonstrated resilience amid market uncertainty fueled by negative sentiment in the crypto space. While other cryptocurrencies are declining, Dogecoin continues to trade within a stable range, with its price holding above the critical support level of $0.215.

For the first time since 1991, Germany has overtaken Japan in terms of economic strength, despite the Asian country having a significant amount of assets overseas.

The Japanese yen has taken a hit after its surge during the Asian trading session, which happened at the same time as a big hike in the dollar. The decision by US President Donald Trump to postpone 50% import tariffs on the EU has given investors a much-needed boost.

Canada's Ivanhoe Mines has suspended underground operations at its Kamoa-Kakula copper mine in the Democratic Republic of Congo (DRC) following renewed seismic activity.